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20121120
20121120
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CNBC
Nov 20, 2012 3:00pm EST
bell" will have much more on this deal. >> down 54% year to date. thank you so much for joining us today. >> i'm off tomorrow. you got here. happy thanksgiving, everybody. >> "closing bell" is next. >>> hi, everybody. we enter the final stretch. welcome to the "closing bell." i'm marcich -- maria bartiromo the new york stock exchange. a shocking loss at hewlett-packard, damaging the entire market. the story broken here on cnbc by david faber earlier. >> this has been a really newsy day for a holiday shortened week. i'm bill griffeth. let's show you the markets, how they've been trading here. it will be pretty evident when ben baernanke made that comment that the fed doesn't have the tools to deal with the economy should we go off the fiscal cliff. down it went. we were down 94 points on the dow on the low of the session. now off that low, down 39 at 12,756. nasdaq's lower. apple is also lower today after that monster 7% plus rally yesterday. it's down about a percent right now. the nasdaq down 8-plus points. the s&p is down 3 at 1383. >> not a lot of news from the bernanke lunch ex
FOX Business
Nov 20, 2012 3:00pm EST
i see the vix really not react. the ten year is telling us we have some things to worry about. the stock market is kind of ambivalent. and the vix is telling us don't worry at all. so we have got three different things to worry about here. also we've got that 200 moving day average in the s&p, in the index, the spx and we're bumping right up against that. that could give us another clue where we'll be going the next three four weeks. finally we have the politicians given the opportunity to disappoint, they generally do. look at europe. i think that's something we need to wrap around a big red bow on and give ourselves for christmas. liz: i'd rather have a fancy car. what's your next target, scott, the next ceiling or floor? >> i think we could see another 2 to 3 percent off the market going into year end hopefully we get a deal from the administration and i think we unleash some capital in the market. liz: quick question about natural gas, what changed from yesterday, elliot? >> you know, we have talked about this too. natural gas is a very strange market. i mean, i have to underst
CNBC
Nov 20, 2012 4:00pm EST
grand bargain or not. they just don't want us going off the cliff. i think the fix is in definitely that we are not going to go over the cliff. >> all right. let's talk a bit more about that. brian, what's your take on this? >> you know, i have to agree. i think they work it out. i go back to a statement that boone pickens had on your show last week. it's really apropos. let the monkey do his thing. if you just wait, you'll get a better show. i think that's what's going to wind up happening with the market. right now we see a great opportunity going forward. >> rick santelli, what did you see today? this market finishing well off the lows. in fact, as we're settling out, it looks like we're finishing out just down seven points. had been 94. >> i agree with you. to me it makes perfect sense. i don't think there's any new information in what ben bernanke said. if you say things that imply a weak economy, the market will sell off every time you say it. the market did come back. i question both the guests' opinions. i think the fiscal cliff is important because a lot of it is self-inflicted,
Search Results 0 to 2 of about 3